Blockchain-based finance network for your mobile payments
Telcoin is a blockchain-based financial platform that utilizes blockchain technology to facilitate high-speed, low-cost international transactions. With the technology, Telcoin with its partners such as telecoms and mobile money platforms helps their users to send money as easily as sending a text message. The company was founded in July 2017, with a core of increasing financial inclusion with a convenient and affordable digital money transfers network on any mobile device. Users can access the network using the Telcoin Application, which is available on iOS and Android. As of February 2018, Telcoin is a member of GSMA Associate.
According to Crunchbase, Telcoin has its own cryptocurrency which is based on the Ethereum network. The company focused on connecting users with global mobile networks, allowing easy conversion between telecom mobile money, prepaid credit, and postpaid billing platforms. At the time of writing, the company has successfully raised 2 funding rounds, with the latest one on December 1, 2017. Nodex Capital and Batara Eto are the key investors of the company. There are two core members including its Chairman Paul Neuner and two board members including Michimasa Naka.
According to its website, users can buy and use TEL on various services. TEL, the native token of the platform, is available on exchanges, DEXes, partners and more. Users can find it on platforms such as GCash, LinkAja!, Telin by Telkom Indonesia, Paga, Vimo, ECPay, TouchPay, Jumia Nigeria, CoinGate, Plaid, and more.